Below is a table from the Social Security Administration's monthly International Update. The Update deals, in part, with changes made in early retirement programs. I don't think that differences in social insurance programs can explain these dramatic differences between countries or that changes in social insurance programs explain the differences over time in individual countries. I don't know what to make of a lot of this. For example, why the dramatic differences between Spain and Portugal for those aged 65-69? In any case, the Update notes that many European countries are raising the minimum age for early retirement under their social insurance programs and that they are generally encouraging older workers to stay in the workforce, or, perhaps, more accurately, punishing those who don't.
|Country||Aged 55–64||Aged 65–69|
|SOURCE: "Older Workers Scorecard, 2001, 2005, and 2011," OECD, 2011.|